Publications

We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.

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Journal Articles

View peer-reviewed research by Stanford GSB faculty, published in leading journals across the business disciplines.

Books

View books written or edited by Stanford GSB faculty, from textbooks to books for a wider audience.

Working Papers

View scholarly works-in-progress by Stanford GSB faculty, which often appear in final form in academic journals.

Case Studies

View abstract and ordering information for case studies written and published by faculty at Stanford GSB.

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Journal Article

Risk Aversion and Auction Design: Theoretical and Empirical Evidence

Shoshana Vasserman, Mitchell Watt
International Journal of Industrial Organization 2021

Auctions are inherently risky: bidders face uncertainty about their prospects of winning and payments, while sellers are unsure about revenue and chances of a successful sale. Auction rules influence the allocation of risk among agents and the…

Journal Article

Some Thoughts on the Washington Consensus and Subsequent Global Development Experience

A. Michael Spence
Journal of Economic Perspectives 2021 Vol. 35 Issue 3 Pages 67–82.

This paper discusses the Washington Consensus, its origins, and its insights in terms of subsequent development experience in a broad range of countries. I continue to find that when properly interpreted as a guide to the formulation of country-…

Journal Article

Statistical Significance, p-Values, and the Reporting of Uncertainty

Guido W. Imbens
Journal of Economic Perspectives 2021 Vol. 35 Issue 3 Pages 157–174.

The use of statistical significance and p-values has become a matter of substantial controversy in various fields using statistical methods. This has gone as far as some journals banning the use of indicators for statistical significance, or even…

Journal Article

The Dark Triad May Be Not So Dark: Exploring Why ‘Toxic’ Leaders Are So Common — With Some Implications for Scholarship and Education

Jeffrey Pfeffer
Psychoanalytic Inquiry 2021 Vol. 41 Issue 7 Pages 540–551.

Recently there has been a burgeoning literature on leaders who exhibit grandiose narcissism, Machiavellianism, and manifestations of psychopathology. Two important findings are that these “dark-triad” leaders are reasonably common because the…

Journal Article

The Dynamics of Gender and Alternatives in Negotiation

Jennifer E. Dannals, Julian Zlatev, Nir Halevy, Margaret Ann Neale
Journal of Applied Psychology 2021

A substantial body of prior research documents a gender gap in negotiation performance. Competing accounts suggest that the gap is due either to women’s stereotype-congruent behavior in negotiations or to backlash enacted toward women for…

Working Paper

The Social Divide of Social Distancing: Lockdowns in Santiago, Chile During the Covid-19 Pandemic

Aldo Carranza, Marcel Goic, Eduardo Lara, Marcelo Olivares, Gabriel Weintraub, Julio Covarrubia, Cristian Escobedo, Natalia Jara, Leonardo J. Basso
2021

Shelter-in-place and lockdowns have been some of the main non-pharmaceutical interventions that governments around the globe have implemented to contain the COVID-19 pandemic. In this paper we study the impact of such interventions in the…

Working Paper

The Subtle Backlash Against Prioritizing Mental Wellbeing at Work

Andrea Freund, Ashley Martin, Margaret Ann Neale
2021

(R&R, Organizational Behavior and Human Decision Processes)

Journal Article

The Thin Blue Waveform: Racial Disparities in Officer Prosody Undermine Institutional Trust in Police

Nicholas P. Camp, Rob Voigt, Dan Jurafsky, Jennifer Eberhardt
Journal of Personality and Social Psychology: Attitudes and Social Cognition 2021 Vol. 121 Issue 6

How do routine police encounters build or undermine community trust, and how might they contribute to racial gaps in citizen perceptions of the police? Procedural justice theory posits that officers’ interpersonal communication toward the public…

Working Paper

This Is Why I Leave: Race and Voluntary Departure

Adina Sterling
2021

Taking seriously the notion that race influences how proximate or distant groups are from resources, this paper develops a theory about how voluntary departure from the workplace reflects race as a structural position, meaning it shapes the…

Journal Article

Tick Size Tolls: Can a Trading Slowdown Improve Earnings News Discovery?

Charles M. C. Lee, Edward M. Watts
The Accounting Review 2021 Vol. 96 Issue 3 Pages 373–401.

This study examines how an increase in tick size affects algorithmic trading (AT), fundamental information acquisition (FIA), and the price discovery process around earnings announcements (EAs). Leveraging the SEC’s randomized Tick Size Pilot…

Journal Article

Trade and Management

Nicholas A. Bloom, Kalina Manova, John Van Reenen, Stephen Teng Sun, Zhihong Yu
The Review of Economics and Statistics 2021 Vol. 103 Issue 3 Pages 443–460.

We study how management practices shape export performance using matched production-trade-management data for Chinese and American firms and a randomized control trial in India. Better-managed firms are more likely to export, sell more products…

Book Chapter

Value Chain Innovations to Foster Development

Hau L. Lee
Springer Series in Supply Chain Management: Responsible Business Operations Springer International Publishing 2021 Pages 1–18.

Despite the rapid economic development of countries like China and India, there are still many parts of the world where people live in poverty. The World Bank has used income to group countries. Sometimes, we refer to parts of the world with very…

Journal Article

Value Loss in Allocation Systems with Provider Guarantees

Yonatan Gur, Dan A. Iancu, Xavier Warnes
Management Science 2021 Vol. 67 Issue 6 Pages 3757–3784.

Centralized planning systems routinely allocate tasks to workers or service providers in order to generate the maximum possible value. These allocations can also critically influence the service providers’ well-being, and thus the planning…

Working Paper

Heroes and Villains: The Effects of Combat Heroism on Autocratic Values and Nazi Collaboration in France

Julia Cage, Anna Dagorret, Pauline A. Grosjean, Saumitra Jha
December222020

Can heroes legitimize strongly-proscribed and repugnant political behaviors? We exploit the purposefully arbitrary rotation of French regiments to measure the legitimizing effects of heroic credentials. 53% of French line regiments happened…

Working Paper

Insurance without Commitment: Evidence from the ACA Marketplaces

Rebecca Diamond, Michael J. Dickstein, Timothy McQuade, Petra Persson
December142020

We study the dynamics of participation and health care consumption in the Affordable Care Act’s health insurance marketplaces. Unlike other health insurance contexts, we find individuals commonly drop coverage midyear — roughly 30% of…

Other Publication

Mental Health in the Workplace: The Coming Revolution

Jeffrey Pfeffer, Leanne Williams
McKinsey Quarterly December82020

Employees’ rising demands for attention to mental health Today’s workforce expects employers to take mental health issues seriously and provide appropriate support and assistance. Current mental health benefits fall short. According to the 2008…

Working Paper

Asymptotically Optimal Control of a Centralized Dynamic Matching Market with General Utilities

Jose H. Blanchet, Martin I. Reiman, Virag Shah, Lawrence M. Wein, Linjia Wu
December72020

We consider a matching market where buyers and sellers arrive according to independent Poisson processes at the same rate and independently abandon the market if not matched after an exponential amount of time with the same mean. In this…

Journal Article

I Ain’t No Fortunate One: On the Motivated Denial of Class Privilege

L. Taylor Phillips, Brian S. Lowery
Journal of Personality and Social Psychology December2020 Vol. 119 Issue 6 Pages 1403–1422.

[Correction Notice: An Erratum for this article was reported in Vol 119(6) of Journal of Personality and Social Psychology (see record 2021-01144-001). In the article, in the Independent variables subsection of Experiment 6, the second…

Working Paper

Behavioral Targeting, Machine Learning and Regression Discontinuity Designs

Sridhar Narayanan, Kirthi Kalyanam
December2020

The availability of behavioral and other data on customers and advances in machine learning methods have enabled targeting of customers in a variety of domains, including pricing, advertising, recommendation systems and personal selling contexts…